$5,000,000

Estimated payment $29,740/month

Total Views 3,030
23 Beds
10 Baths
8,938 Sq Ft
$559 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Community Pool
  • Somerville High School Rated A-
  • Corner Lot
  • 1-minute walk to Deanna Cremin Playground

About This Home

52-54 Bonair St is comprised of 2 adjacent residential buildings on separate tax parcels. 52 Bonair contains 6 units consisting of (5) 2-Bed/1-Bath units and (1) 3-Bed/1-Bath unit. 54 Bonair contains 4 units consisting of (1) 4-Bed/1-Bath unit, (1) 3-Bed/1-Bath unit, (1) 2-Bed/1-Bath unit and 1 studio unit. 52-54 Bonair Street has received extensive renovations since its 2024 acquisition. All units (except 44 Dana #1) feature brand new kitchens with quartz countertops, shaker cabinets and stainless-steel appliances, new bathrooms with new showers, vanities and flooring. Additional unit renovations include new and/or re-finished flooring, new light fixtures as well as painting the units’ interiors and the building’s common areas. There are 4 total parking spaces including 3 in Tandem. 52-54 Bonair offers the opportunity to acquire a turnkey investment in an exceptional, urban-infill location. Bonair is ideal for a potential buyer looking for income growth and strong investment returns.

Listing Agent

Kelleher - Pentore Team

Horvath & Tremblay Listed on: 06/25/2025

Co-Listing Agent

Dennis Kelleher

Horvath & Tremblay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,213

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 8,938 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 10 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)

Community Details

Overview

  • 10 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Operating Expense $80,607
  • Net Operating Income $308,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,213

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 23
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bathrooms: 10
  • Above Grade Finished Sq Ft: 8938
  • Living Area: 8938
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723
  • LIST PRICE PER Sq Ft: 559.41
  • PRICE PER Sq Ft: 559.41

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered, Varies per Unit
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: NR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • PAGE: 179

Tax Info

  • Tax Year: 25
  • Tax Annual Amount: 37213
  • Tax Book Number: 82820

Multi Family

  • Gross Income: 388800
  • Net Operating Income: 308193
  • Number Of Units Total: 10
  • Operating Expense: 80607
  • Total Actual Rent: 32300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $3,000,000 -40.0% $558 / Sq Ft
06/25/2025 06/25/25 For Sale $5,000,000 -- $559 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73396214

MLS Property Information Network (MLS PIN)